| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 49th | Poor |
| Demographics | 12th | Poor |
| Amenities | 25th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1701 Woodwinds Cir, Bradenton, FL, 34208, US |
| Region / Metro | Bradenton |
| Year of Construction | 1983 |
| Units | 96 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1701 Woodwinds Cir Bradenton Multifamily Investment
Neighborhood renter demand is supported by household growth within a 3-mile radius and a high-cost ownership market that sustains reliance on rentals, according to WDSuite’s CRE market data. Neighborhood occupancy is measured for the area, not the property, and local home values relative to incomes point to steady depth in the tenant base.
Positioned in Bradenton’s inner-suburb fabric, the property benefits from everyday convenience rather than destination amenities. Grocery access is a relative strength—this neighborhood ranks in the top quartile nationally for grocery stores per square mile—while cafes, parks, childcare, and pharmacies are limited compared with national norms. For investors, that mix typically supports workforce housing demand even if lifestyle amenity density is thinner.
Construction in the surrounding neighborhood skews older (average year 1970 across the metro set), and this asset’s 1983 vintage is newer than much of the nearby stock. That positioning can help competitiveness versus older properties, though operators should plan for ongoing system updates or selective renovations to sustain leasing and rent growth.
Neighborhood-level occupancy is below national norms and has eased in recent years, but the share of housing units that are renter-occupied is elevated (top quartile nationally). For multifamily owners, that renter concentration indicates a durable tenant base even when leasing conditions soften, supporting retention with the right unit quality and management.
Within a 3-mile radius, population and households have expanded and are projected to continue growing, indicating a larger tenant base ahead. Rising median incomes alongside forecast rent growth support the case for steady absorption, while the area’s elevated value-to-income ratio signals a high-cost ownership market that tends to reinforce multifamily demand and pricing power over time.
Based on WDSuite’s CRE market data, this neighborhood is competitive among North Port–Sarasota–Bradenton neighborhoods (rank 84 out of 218) and sits above the national median for safety. Recent trend data shows year-over-year declines in both property and violent offenses, which supports risk management and tenant retention planning without overstating block-level conditions.
All safety figures are neighborhood-level indicators rather than property-specific measures; investors should pair these directional improvements with standard on-site diligence and operating practices.
Nearby employers span industrial distribution, electronics manufacturing, financial services, and technology distribution—supporting a diverse workforce renter pool and commute convenience for residents. The list below highlights proximate anchors that can reinforce leasing stability.
- Airgas Store — industrial gases & distribution (4.9 miles)
- Jabil Circuit — electronics manufacturing (26.5 miles)
- Jabil Circuit — electronics manufacturing (26.8 miles) — HQ
- Raymond James Financial — financial services (28.4 miles) — HQ
- Cardinal Health — healthcare distribution (29.4 miles)
- Tech Data — technology distribution (31.2 miles) — HQ
This 96-unit, 1983-vintage asset offers scale in an inner-suburb location where grocery access is strong and renter concentration is elevated. While neighborhood occupancy trends have been softer than national norms, household and income growth within a 3-mile radius point to a larger renter pool and improving absorption potential. According to CRE market data from WDSuite, ownership costs in the area are comparatively high versus incomes, which typically sustains reliance on multifamily housing and supports rent durability when operations and unit quality are aligned with local demand.
From an operator’s perspective, the vintage suggests room for targeted capital planning—systems modernization, in-unit updates, and curb appeal—to sharpen competitive positioning against older stock. Limited lifestyle amenities nearby may require a stronger on-site value proposition, but proximity to a diverse employment base and forecast household growth support a case for stable long-term fundamentals.
- 96-unit scale in an inner-suburb location with strong grocery access and an established renter base
- 1983 vintage offers value-add potential via systems upgrades and selective interior renovations
- 3-mile household and income growth expand the tenant base and support occupancy stability
- High-cost ownership market reinforces multifamily demand and supports pricing power
- Risk: neighborhood occupancy trends are softer and amenity density is limited, requiring focused asset management